High-end fashion retailer, Vera Bradley, has reported that its point of sale system in its stores suffered a security breach, possibly compromising payment cards used to make purchases. IT security experts from Cryptzone and ESET commented below.
“Cybercriminals have an insatiable thirst for credit card data and they’ll stop at nothing to get it. POS data breaches continue to generate enormous illicit profits for cybercriminals, making it essential for retailers to deploy several layers of defences. Legacy perimeter defences should be replaced with more flexible software defined perimeter (SDP) solutions.
“The SDP architecture allows enterprises to isolate critical systems and deploy two proven effective countermeasures. First, block the attacker at the infiltration phase with robust, context-based authentication. Next, strictly enforce the “need to know” principle by limiting access by an insider, privileged user, or subcontractor/vendor to only those services needed for business use. These SDP features limit exploitation of the most common vulnerabilities and reduce the chances of a successful POS attack.”
“POS systems have been a desirable target for a while now because they often have an immediate reward in relation to effort expended. The type of data extracted will usually include card numbers, expiration date and cardholders name, and this information could easily be matched with previously stolen data and used for identity theft or fraud purposes. In these cases it is important that the affected user has all the information relating to the breach made available to them as soon as possible.
Cancelling credit cards is a pain but when it comes to finances it’s better to be safe than sorry. Breaches are sadly a part of our online activity that we personally have no control over.
However, what we can do is lessen the impact of such occurrences by monitoring our financial statements for inconsistencies or small unknown transactions. This may alert you to unauthorised use but it is very much down to the company breached to let the end user know about such occurrences as soon as possible and Vera Bradley have done a good job here.”
ISBuzz Team embodies the collaborative efforts of the dedicated staff at Information Security Buzz, converging a wide range of skills and viewpoints to present a unified, engaging voice in the information security realm. This entity isn't tied to a single individual; instead, it's a dynamic embodiment of a team diligently working behind the scenes to keep you updated and secure. When you read a post from ISBuzz Team, you're receiving the most relevant and actionable insights, curated and crafted by professionals tuned in to the pulse of the cybersecurity world. ISBuzz Team - your reliable compass in the fast-evolving landscape of information security
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.